Category: This Month in Coal

Natural Resource Partners and Foresight Energy recently settled litigations regarding Foresight Energy’s Hillsboro Energy Deer Run mine and Foresight Energy’s Macoupin Energy Shay mine. Upon execution of final documents, NRP...

During early October, Westmoreland Coal Co. entered into a restructuring support agreement (RSA) with members of an ad hoc group creditors. To implement the RSA, the company filed voluntary petitions for relief under chapter 11...

Peabody Energy has signed a definitive agreement to purchase the Shoal Creek metallurgical coal mine located on the Black Warrior River in Alabama from private coal producer Drummond Co. Inc. for $400 million. Shoal Creek serves...

U.S. bituminous coal operator Bowie Resource Partners moved its corporate headquarters from Grand Junction, Colorado, to Sandy, Utah, and has changed its name to Wolverine Fuels LLC. Wolverine will continue to operate the Sufco,...

U.S.-based Coronado Global Resources launched what is set to be Australia’s biggest coal mining float in six years with an initial public offering (IPO) that seeks to raise $946 million and capitalize on Asian demand for...

South32 Ltd. has completed the acquisition of a 50% interest in the Eagle Downs metallurgical coal project in Queensland’s Bowen Basin. South32 also assumes operatorship with the other 50% interest in the project held by Aquila...

Peabody has developed a multitiered plan in an effort to extinguish a fire at its North Goonyella mine in Queensland and contain the impacts. The plan was reviewed by the Queensland Mine Inspectorate and is undergoing...

Russia is expected to export more than 200 million metric tons (mt) of coal in 2018, according to Xinhua. Energy Minister Alexander Novak, at a fuel and energy commission in the Kemerovo Region, said that “Russia is expected to...

By Jennifer Jensen, Associate Editor On August 21, the U.S. Environmental Protection Agency (EPA) published a new rule to reduce greenhouse gas emissions from existing coal-fired plants that would replace former President Barack...

Alliance Resource Partners said strong second-quarter coal sales volumes led total revenues higher to $516.1 million, an increase of 29.4% compared to the second quarter of 2017. Alliance is now essentially sold out for its...

During the second quarter of 2018, Peabody Energy reported a 4% increase in revenues to $1.31 billion driven by a 20% increase in Australian met and thermal coal sales. “Peabody’s diversified portfolio continues to generate...

Contura Energy revised its 2018 production outlook downward for the Cumberland longwall mine in southwestern Pennsylvania. Over the last several weeks, the mine has been experiencing unforeseen geologic conditions due to reduced...